Samsung Sees Tough Period Ahead Due to Global Chip Shortage

Despite seeing an incredible 46 percent surge in profits over the last quarter, South Korean tech giant Samsung has announced to shareholders that the rest of 2021 won't be as easy, largely due to the current chip crisis.With the global microchip shortage continuing to plague much of the tech industry, Samsung is hoping to ramp up semiconductor production over the next quarter to meet demands, and expects earnings from the chip business to increase. Nonetheless, the company is now predicting a m...